Kyle, I agree with you in that technology can be a valuable tool. Any tool can be used wisely or not. So, if you want to enlighten me as to how it may benefit my company, I am all ears (or eyes in this case).
And, since you are going to be so generous as to fill us in on the contents of title companies owners' minds, I will reciprocate by refering to Robert Franco's timely blog entry of 3/29. (I would refer you to the top of this page, but Robert is getting very prolific and I'm sure there will be a new entry any time now.)
I refer to the blog entry to give you some insight into the thoughts of many abstractors today. Many abstractors, as you may know, provide a good deal of service to title companies who could just as easily obtain their title information from India, and cheaper too. And, I think it's safe to say, those title companies are aware that they could obtain their search work overnight from an off-shores company but choose to engage local abstractors because the off-shore title plants are lacking in critical information that is not available from the recorders'/clerks' offices that provide the data.
So, my question to you would be: Why should they bother coming to me for marked up bargain basement merchandise when they can get it cheaper from the bargain basement store? Remember, we're being honest here. And if we are to be honest with ourselves and our customers, most abstractors are not likely to embrace the off-shoring idea.
I hope to convey to you, assuming that you have read Robert's blog, that a title company with two major commercial accounts would be wise to consider the possible (likely?) consequences of employing the services of a "thin" off-shore title plant to serve its residential or commercial clients.
to post a reply:
login - or -
register